According to Foresight News, cryptocurrency transfer and payment service startup Mesh has received a $5 million investment in PYUSD stablecoin from PayPal, along with an additional $1.5 million in cash from PayPal Ventures. Previously, Mesh, formerly known as Front Finance, completed a $22 million Series A funding round in September last year, led by Money Forward and participated by Galaxy, Samsung Next, Streamlined Ventures, SNR.VC, Hike VC, Heitner Group, Valon Capital, Florida Funders, Altair Capital, Network VC, and several angel investors.
PayPal Invests $5 Million in Stablecoin PYUSD and $1.5 Million in Cash into Crypto Startup Mesh
--・
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
Related News
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number
Relevant Creator
@Binance_News